Livestock, fisheries attract 5 investment projects this FY

Livestock and fisheries sector has attracted four foreign investment projects and one domestic business so far in the current financial year 2019-2020, according to the Directorate of Investment and Company Administration (DICA).

Those businesses brought in around US$30 million, including the expansion of investments by the existing joint ventures.
They are executing broiler chicken farming, production, processing and marketing of all kinds of poultry feed, broiler hatchery, production of shrimp, freezing, and cold storage as per data of the DICA.

Since 1988-1989FY, about US$800 million of FDI have flowed into the livestock and fisheries sector.

At present, 16 countries invested in the livestock and fisheries sector. Thailand has topped the list of investments among them, with over $380 million in 18 enterprises, followed by Singapore with over $129 million worth 14 enterprises. —Ko Khant (Translated by Ei Myat Mon)

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